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StarkWare fires staff after Starknet revenue collapses 98%

StarkWare fires staff after Starknet revenue collapses 98%

StarkWare laid off staff after Starknet's monthly revenue plummeted 98%, from a peak of $6 million. The restructuring follows the revenue collapse, indicating financial struggles for Starknet, a key layer-2 scaling solution for Ethereum. The layoffs reflect the project's significant revenue decline and potential impact on its development and ecosystem.

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